Ok, OK … ‘meltdown’ is a bit over the top. The USD is weakening across the board – EUR, GBP, yen … all higher. AUD noticeably absent from that list, and the kiwi. Those two can go stand in the naughty corner.
But, check out the S&P 500 futures (Globex trading) … ugly looking move:
Note – Japan is out today (holiday).